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Hollywood is preparing for another crippling strike after the largest actors’ union failed to agree on a new contract with the US entertainment industry’s key studios and networks .

The 120,000-member Screen Actors Guild has been locked in talks with the studios for several weeks, with both sides working towards a deadline of midnight on Monday night.

Hollywood studios, facing an expiring contract and what they declared to be a ``de facto strike’’ as film and television production slow, made a final offer to the guild and ended negotiations.

The proposal is worth $250 million to SAG members and is similar to agreements reached with directors, writers and a smaller actors union, the Alliance of Motion Picture and Television Producers, the studios’ negotiating agent, said on Monday. The union said it was`”reviewing the complex package and will prepare a response to management once that analysis is complete”.

This will not impact my life on any level. It's difficult to think of a more overrated profession. What is acting other than directed lying? How many great amateur liars are there?

If anything, dumping them all for a time could actually improve things. Commercials will now feature dogs instead of improbably perky actors. Loud voice-overs on infomercials can be replaced text. We will no longer fear inane movie remakes of inane sitcoms. This whole idea has a lot of potential. :)